And call it Identity Theft as Scarlett Johansson calls out openai and sam altman. Its tuesday, may 21st, 2024. Youre watching Worldwide Exchange right here on cnbc. Good morning. Welcome to thank you for being with us. Lets look at the stock futures on this tuesday. A muted start right now. A bit mixed. Nasdaq in the red. You see the dow opening up slightly higher. The s p is essentially flat. Lets stick with the nasdaq. We watch the tech trade with the fresh record ahead of the huge report from nvidia. Before nvidia, investors get ready for the consumer. We have a lot of big reports. Lowes and macys and urban j outfitters. Urban outfitters moving 1 higher ahead of its report. We have fed speakers in the last 24 hours downplaying optimism over the cpi report last week. The benchmark at 4. 42. The twoyear yield is at 4. 83. We also want to hit commodities. Gold hitting an alltime high. It is pulling back a bit right now but, close to the alltime high. Down. 75 . Yeartodate, up 17 . That
U. S. Bloomberg dollar index down. Crude also coming down . 72. At 86. 97, it is a bit better than it was at the close on friday. Jon i want to keep an eye on what is happening with tech. There have generally been a bid for a lot of names. We will get tesla and netflix results this week. Weakness and apple shares. New survey data suggesting the demand for the current iphone in china is less than for the previous model. We covered the highprofile ipo of instacart recently. We are now at that point were in Analyst Reports start coming out. Most were bullish but that is not done too much for the stock today. One stock that is getting a lot of attention on wall street is lululemon. It will be the new addition to the s p 500, replacing activision blizzard. That is up 10 . Also, you are tracking some of the guidance from drug players like moderna, which is up 5 . Some of that strife ties back to pfizer. More on that later. Matt interesting staff. Stuff. I also want to point out that the isra
Tel aviv. Despite the massive runup in yields, why one huge part of the investment is sitting ontown sidelines. Well tell you why that could be changing. Its wednesday, october 11th, 2023, and youre watching Worldwide Exchange right here on cnbc. Good morning. Im frank holland. Lets take a look at stock futures. It looks like the dow would open up about 50 points higher. The s p and nasdaq solidly in the green. This follows a mostly higher session for stocksy ed that saw the russell 2000 post its fifth positive session in a row. Thats the first time it did that since july. You can see right here up almost 1 year to date. But important to note, theyre also belo e their 250day moving average. Were checking the bond market with the 10year coming off its lowest close since september. 4. 56. This is well below its yearhigh that it reached earlier this month. Important to note the 30year bond, a big indicator on Inflation Expectations and also Investor Confidence well off of its highs. It hi
Meeting this week along with the jay powell press conference. That will be the focuses for the markets. Right now, the tenyear yield is just about where it has been the last tcouple weeks propalestinian protests continuing on College Campuses over the weekend some schools requesting Police Intervention to stop encampments. Jill stein was arrested at a protest. She said it was about freedom of speech which needs debate and dialogue at ucla, protests by propalestinian and proraisrael supporters and at state university, they paused connections to boeing after they demanded to cut ties with the weaponing Manufacturing Division the school has no investment in boeing it accepted 150,000 in donations. Boeing providing 28,000 a year for scholarships the University Paper aresident d in response to the issues. Officials in china removed restrictions on tesla cars after the vehicles passed the Data Security requirements. Just this morning, the wall street journal is reports that chinese officials
Optionality. It is hard to see with the positive category is for markets today. This is bloomberg surveillance. Manus live from new york city this morning, for our audience worldwide, this is bloomberg surveillance alongside tom keene and lisa abramowicz, im jonathan ferro. Builds up, stocks down in the fx market. Tk, eurodollar, 105. Tom you go wow when you see a number move. I did a hat trick. It is wow wednesday across assets. Where do i begin . I begin with the real yield and the effect on the fx market. I never thought i would see this this quickly. Lisa are people getting a little over there skis here . There was two outcomes. Where was the base case of a consumer that was running out of money and potential for a recession . It seems to be off the table and some of the expectations even as we see signs of true weakness. Jonathan melted in terms of the objective of what this Federal Reserve is. I think we are at that point where we are starting to fully internalize this high for l